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Dec 5, 2012
12/12
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. >>> and 27 days to go when the fiscal cliff arrives, so why are so many members of the house going home when they're supposed to be working on it? >>> and people showing up for others, right when they need it. nightly news begins now. >>> good evening, we begin tonight with an important story, details of which may sound very familiar to a lot of americans, given our history over the past few years in places like iraq. tonight, pentagon sources are telling nbc news syria is preparing chemical weapons for their possible use against the syrian people in the form of aerial bombs. it is believed this specific intelligence is the reason why president obama took a hard line against syria just a few days ago, warning them there would be consequences if these weapons were used. let's begin here tonight with the very latest. >> reporter: good evening, brian, u.s. officials tell us that the syrian military is poised tonight to use chemical weapons against its own people. and all it would take is the final order from syrian president assad. as the fighting grows more intense and syrian rebels
. >>> and 27 days to go when the fiscal cliff arrives, so why are so many members of the house going home when they're supposed to be working on it? >>> and people showing up for others, right when they need it. nightly news begins now. >>> good evening, we begin tonight with an important story, details of which may sound very familiar to a lot of americans, given our history over the past few years in places like iraq. tonight, pentagon sources are telling nbc news...
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Jul 18, 2012
07/12
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. >> republicans and democrats on capitol hill are facing what has been called a fiscal cliff at the end of the year. right now, there is no sign of compromise. >> unable to fix the problem, lawmakers in washington are working to fix the blame. as congress struggles to disarm a budget domesday plot of its own making, the treasury secretary, tim geithner, says the uncertainty is threatening to stall the economy. >> its stock and it needs to get unstuck and the most powerful instrument of economic policy the country needs right now are in the hands of congress. >> if congress can't find a compromise before december 31, the bush era tax cuts expire for every single american and $113 billion in automatic defense and domestic spending cuts kick in. the fed chief, ben bernanke, said it could be devastating economic punch. >> if that happens, it will no doubt do serious damage to the recovery and caused a significant number of jobs. >> in the defense industry alone, 100,000 jobs could be lost. but that is just an estimate. >> we are unable to reliably estimate how many employees will lose j
. >> republicans and democrats on capitol hill are facing what has been called a fiscal cliff at the end of the year. right now, there is no sign of compromise. >> unable to fix the problem, lawmakers in washington are working to fix the blame. as congress struggles to disarm a budget domesday plot of its own making, the treasury secretary, tim geithner, says the uncertainty is threatening to stall the economy. >> its stock and it needs to get unstuck and the most powerful...
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Jul 22, 2012
07/12
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the fiscal cliff is a big discussion now. and china, they're frustrated because the stock market has continued to really push towards new highs. >> interesting, even though the back drop is what -- somewhat weak, the market is -- >> i think something that is a good leading into care, the last 20 years, always called the direction right, high yield, high spreads. in other words, what the bond markets are doing. they are acting really well, starting to rally in june and july, these are corporate bonds. >> so everybody is looking for yield. i guess that is why corporate bonds are doing well and dividend payers are doing well? >> yes, exactly, the markets are doing for proxys for bond, the best group, the energy sector. >> energy has been doing well, even though oil is off of its highs? >> that is right, oil has really seen a big fall since the start of the year, one reason that energy was the worst performing group, year to date. but we have had a bounce in oil, maybe the market is seeing the growth in the second half. but if yo
the fiscal cliff is a big discussion now. and china, they're frustrated because the stock market has continued to really push towards new highs. >> interesting, even though the back drop is what -- somewhat weak, the market is -- >> i think something that is a good leading into care, the last 20 years, always called the direction right, high yield, high spreads. in other words, what the bond markets are doing. they are acting really well, starting to rally in june and july, these...
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Oct 23, 2012
10/12
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it would be horrific for earnings if we plunge over the fiscal cliff. nevertheless, there is another cliff revealed during this quarter, and it's one that should have been anticipated, even though it hasn't been. let's call it the earnings cliff. right now many companies are seeing the slowdown in europe and china firsthand. others are seeing some weakness in the united states, although by all means the u.s. is the strong nest the trio. here is the thing. well can put a bridge over the abyss. right now one of the reasons the united states is holding soup well is the federal reserve is making cheap money available to those who want to buy a house or a car. that doesn't mean that anybody who wants to, can get a loan. the banks are still running scared. the paperwork to get loans is stunning, mind-boggling. it's almost as if the banks don't want to make loans and are hiding behind the paperwork as a way to do so. europe, the governments over there -- [ buzzer ] -- not in a bridge-building mode [ booing ] policies that widen the cliffs, inflicting vicious a
it would be horrific for earnings if we plunge over the fiscal cliff. nevertheless, there is another cliff revealed during this quarter, and it's one that should have been anticipated, even though it hasn't been. let's call it the earnings cliff. right now many companies are seeing the slowdown in europe and china firsthand. others are seeing some weakness in the united states, although by all means the u.s. is the strong nest the trio. here is the thing. well can put a bridge over the abyss....
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Jan 2, 2013
01/13
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however, it does nothing really to avert the next fiscal cliff. in two months battles over further spending and, in particular, the u.s. federal debt limit will come to a head. >>> classes start thursday in a nearby town for the students who survived the shooting rampage at their school in newtown, connecticut, nearly three weeks ago. their desks, backpacks and other belongings left behind in the chaos in that rampage have been taken to a different school building so the kids will feel comfortable there. hillary clinton is spending a fourth day in a new york city hospital. the secretary of state is being treated for a blood clot in her head discovered during a follow-up exam for the concussion she suffered last month. doctors expect mrs. clinton to make a full recovery. >>> a celebrity photographer was killed after taking photos of justin bieber's fechlt rarri on a busy street in los angeles. bieber had lent the car to a friend, who was speeding. no charges are expected to be fired against the motorist who hit him. >> now for a look at what's tren
however, it does nothing really to avert the next fiscal cliff. in two months battles over further spending and, in particular, the u.s. federal debt limit will come to a head. >>> classes start thursday in a nearby town for the students who survived the shooting rampage at their school in newtown, connecticut, nearly three weeks ago. their desks, backpacks and other belongings left behind in the chaos in that rampage have been taken to a different school building so the kids will feel...
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Dec 24, 2012
12/12
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two high-ranking senators saying over the weekend about the fiscal cliff more likely a deal won't be met in time. we'll get into that. >>> a piece of "the boston globe" over the weekend where mitt romney's elder son said his father was reluctant and didn'ten to run for president to begin with. >>> long before the duchess cambridge joined the royal family, queen elizabeth was setting the style trends. this morning her fashion secrets revealed but her official dresser. can't wait for that. >>> let's get started with that all-important forecast on this busy christmas eve morning. the weather channel's maria la rosa is in for al upstairs in the stat light center. good morning. >> we have a positive side. it's been a wind snowfall for ski he resorts across the west but travel is a nightmare. they're holding traffic in passes in the sierra nevada. it pushes to the east, and that's when we are concerned about severe weather. look at the future cast looking at the radar from midnight tonight. you see the heavy rainfall, damaging wind gusts and potentially tornadoes tomorrow morning from east
two high-ranking senators saying over the weekend about the fiscal cliff more likely a deal won't be met in time. we'll get into that. >>> a piece of "the boston globe" over the weekend where mitt romney's elder son said his father was reluctant and didn'ten to run for president to begin with. >>> long before the duchess cambridge joined the royal family, queen elizabeth was setting the style trends. this morning her fashion secrets revealed but her official dresser....
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Jul 6, 2012
07/12
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number two, in an election year we have this fiscal cliff issue. people are wondering what are taxes going to look like. fiscal cliff meaning tax programs expire and spending programs expire. with that spending going away in terms of businesses, they are going to have to cut jobs. later on in the year we will see further unemployment, given the fact we need to's an agreement on these issues. there is a lot of uncertainty. the good news is the stock market has been tradeing a bit better, the momentum is up. that makes people feel better. overall for the jobs picture, health care, technology, that's really where the job creation is. the rest of the economy pretty slow right now. >> retailers taking a hit. we saw costco, target and kohl's, all of their sales slowed a bit. as we look ahead to what would be the next big shopping event, back to school, what are expectations regarding consumer confidence. >> consumer confidence is right now under pressure. going into the rest of the year, looking at a mixed market in terms of retail. for example, the whol
number two, in an election year we have this fiscal cliff issue. people are wondering what are taxes going to look like. fiscal cliff meaning tax programs expire and spending programs expire. with that spending going away in terms of businesses, they are going to have to cut jobs. later on in the year we will see further unemployment, given the fact we need to's an agreement on these issues. there is a lot of uncertainty. the good news is the stock market has been tradeing a bit better, the...
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Nov 12, 2012
11/12
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. >> real quickly, facing the fiscal cliff in the coming months. the outcome of this election will affect the debate over that and the resolution of that how? >> well, the president faces the biggest choice since january of 2009. does he sit down in a room and honestly openly negotiate with speaker boehner, mitch mcconnell, or does he come in, give a set of demands and go hold a press conference? they can, i believe, hammer out -- >> same can the said on the other side, by the way. >> but if the president is willing to do it, the republicans have no choice. i mean, you can't turn down a president who just won re-election if he's sincere and willing to negotiate. >> going to take some bold initiatives which is my segue into your book, okay, because you've written this book about george washington and his bold moves to break the stalemate of the revolutionary war. so much has been written about george washington. what do you want readers to take away from this book that's new? >> well, i think particularly this morning is the launch of an american le
. >> real quickly, facing the fiscal cliff in the coming months. the outcome of this election will affect the debate over that and the resolution of that how? >> well, the president faces the biggest choice since january of 2009. does he sit down in a room and honestly openly negotiate with speaker boehner, mitch mcconnell, or does he come in, give a set of demands and go hold a press conference? they can, i believe, hammer out -- >> same can the said on the other side, by the...
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Dec 6, 2012
12/12
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here's savannah. >>> new movement this morning to try and avoid the fiscal cliff. some republicans are considering abandoning their staunch opposition to higher tax rates according to recent reports. alan simpson was co-chair on the commission of fiscal responsibility. he's a co-founder of fix the debt campaign and joins us now. senator simpson, good morning, it's great to see you. >> great pleasure to be off the witness protection program and come here. but what even more fun, david brubeck used to come to wyoming a great deal. he and his family, lovely people. i did not know he had passed. and to hear that music, it's iconic stuff. anyway. so it's good to sneak in and get made up, try to hide my identity. >> well, it's good to have you here. you say you're in the witness protection program because you've been out there on the issue of how we fix our national deficit. as you well know, we face the fiscal cliff, a series of tax hikes and spending cuts that many people think if they go into effect will put the country into recession. yet we heard the treasury secret
here's savannah. >>> new movement this morning to try and avoid the fiscal cliff. some republicans are considering abandoning their staunch opposition to higher tax rates according to recent reports. alan simpson was co-chair on the commission of fiscal responsibility. he's a co-founder of fix the debt campaign and joins us now. senator simpson, good morning, it's great to see you. >> great pleasure to be off the witness protection program and come here. but what even more fun,...